About 17 significant attacks occurred in the cryptocurrency sector in July 2025, causing losses of total $142 million, according to PeckShield Alert. This reflects a 27.2 per cent increase from the $111.6 million lost in June. Here are the top 5 crypto scams of July 2025.
In another July instance, Future Protocol lost $4.2 million due to a security compromise, supporting the current trend of increasing threats to digital asset exchanges.
Woo X scam resulted in losses worth $14 million. After a cybersecurity incident, they paused all withdrawal services that compromised several user accounts.
BigONE suffered a third-party attack on their hot wallet infrastructure, resulting in a large loss of about $27 million. They mentioned that all private keys are secure, and the attack's source has been discovered.
The GMX protocol suffered an exploit resulting in a loss of approximately $42 million. Afterward, the attacker returned cryptocurrency assets totaling approximately $40.5 million which included 10.5 million FRAX and 10,000 ETH.
A significant cyberattack on the Indian cryptocurrency exchange CoinDCX led to the theft of around $44 million from its internal wallets. The breach was identified on July 19, 2025.
More than $2.17 billion has already been stolen from cryptocurrency services till now this year, according to Chainalysis. Always select exchanges with solid security records, avoid holding large amounts in custodial wallets, and consider self-custody to secure your savings.
